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Wikipedia community votes to stop accepting cryptocurrency donations

Wikipedia community votes to stop accepting cryptocurrency donations

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More than 200 long-time Wikipedia editors have requested that the Wikimedia Foundation stop accepting cryptocurrency donations. The foundation received crypto donations worth about $130, 000 in the most recent fiscal year—less than 0. 1 percent of the foundation’s revenue, which topped $150 million last year.

Debate on the proposal has raged over the last three months.

“Cryptocurrencies are extremely risky investments that have only been gaining popularity among retail investors, ” wrote Wikipedia user GorillaWarfare, the original author of the proposal, back in January. “I do not think we should be endorsing their use in this way. ”

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